You are viewing a single comment's thread from:
RE: The US Dollar vs. the World Economy - Battle Royale
So the actual purchasing power of the dollar is about 1.8 cents...I wasn't far off I had it figured just over 2.
So the actual purchasing power of the dollar is about 1.8 cents...I wasn't far off I had it figured just over 2.
Hehe, yeah depending on where you look in history, it's quite a drop anyways though.
I kinda did the math in my head based on the dollar being worth 1/35th oz of gold compared to what gold is worth now...it comes out to around 2 cents roughly!